EPAM Systems Secures Amended $700 Million Revolving Credit Facility with PNC Bank and Syndicate of Lenders

Reuters

2025/10/07

EPAM Systems Secures Amended $700 Million Revolving Credit Facility with PNC Bank and Syndicate of Lenders

**EPAM Systems Secures Amended $700 Million Credit Facility** EPAM Systems, Inc. announced that on October 3, 2025, it entered into an amended and restated credit agreement with a syndicate of lenders led by PNC Bank, National Association. The new agreement establishes a five-year $700 million revolving credit facility, replacing the company's previous 2021 credit facility. The updated facility includes options to increase total commitments up to $1.2 billion, subject to lender approval and certain conditions. The 2025 credit agreement introduces several financial and business covenants, including restrictions on additional indebtedness, asset dispositions, and acquisitions. Acquisitions are permitted provided EPAM's leverage ratio remains below specified thresholds. The facility supports unsecured borrowings in U.S. dollars and select foreign currencies, with interest rates tied to EPAM's leverage ratio.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EPAM Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001352010-25-000047), on October 06, 2025, and is solely responsible for the information contained therein.

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The new agreement establishes a five-year $700 million revolving credit facility, replacing the company's previous 2021 credit facility. The updated facility includes options to increase total commitments up to $1.2 billion, subject to lender approval and certain conditions. The 2025 credit agreement introduces several financial and business covenants, including restrictions on additional indebtedness, asset dispositions, and acquisitions. Acquisitions are permitted provided EPAM's leverage ratio remains below specified thresholds. The facility supports unsecured borrowings in U.S. dollars and select foreign currencies, with interest rates tied to EPAM's leverage ratio.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EPAM Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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The new agreement establishes a five-year $700 million revolving credit facility, replacing the company's previous 2021 credit facility. The updated facility includes options to increase total commitments up to $1.2 billion, subject to lender approval and certain conditions. The 2025 credit agreement introduces several financial and business covenants, including restrictions on additional indebtedness, asset dispositions, and acquisitions. Acquisitions are permitted provided EPAM's leverage ratio remains below specified thresholds. The facility supports unsecured borrowings in U.S. dollars and select foreign currencies, with interest rates tied to EPAM's leverage ratio.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EPAM Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001352010-25-000047), on October 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2045819591.USD","symbol_name":"Natixis WCM Global Emerging Markets Equity R/A USD","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251006:nNDL6RMVV0:1","article_id":"2573201988","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2573201988","pubTimestamp":1759781734,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"**EPAM Systems Secures Amended $700 Million Credit Facility** EPAM Systems, Inc. announced that on October 3, 2025, it entered into an amended and restated credit agreement with a syndicate of lenders led by PNC Bank, National Association. 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The new agreement establishes a five-year $700 million revolving credit facility, replacing the company's previous 2021 credit facility. The updated facility includes options to increase total commitments up to $1.2 billion, subject to lender approval and certain conditions. The 2025 credit agreement introduces several financial and business covenants, including restrictions on additional indebtedness, asset dispositions, and acquisitions. Acquisitions are permitted provided EPAM's leverage ratio remains below specified thresholds. The facility supports unsecured borrowings in U.S. dollars and select foreign currencies, with interest rates tied to EPAM's leverage ratio.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EPAM Systems Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001352010-25-000047), on October 06, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}